National Wealth Management Group LLC Has $266,000 Position in First Trust International IPO ETF (NASDAQ:FPXI)

National Wealth Management Group LLC lessened its stake in shares of First Trust International IPO ETF (NASDAQ:FPXI) by 8.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 5,643 shares of the company’s stock after selling 511 shares during the quarter. National Wealth Management Group LLC owned about 0.20% of First Trust International IPO ETF worth $266,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of FPXI. Independent Advisor Alliance acquired a new stake in First Trust International IPO ETF during the fourth quarter worth approximately $221,000. Janney Montgomery Scott LLC increased its stake in shares of First Trust International IPO ETF by 7.1% during the fourth quarter. Janney Montgomery Scott LLC now owns 17,128 shares of the company’s stock worth $808,000 after purchasing an additional 1,135 shares during the period. Arkadios Wealth Advisors lifted its holdings in First Trust International IPO ETF by 196.7% during the 4th quarter. Arkadios Wealth Advisors now owns 23,674 shares of the company’s stock worth $1,116,000 after purchasing an additional 15,696 shares during the last quarter. Raymond James Financial Inc. bought a new stake in First Trust International IPO ETF in the 4th quarter valued at $1,144,000. Finally, Jane Street Group LLC grew its holdings in First Trust International IPO ETF by 104.3% in the 3rd quarter. Jane Street Group LLC now owns 35,283 shares of the company’s stock valued at $1,706,000 after buying an additional 18,015 shares in the last quarter.

First Trust International IPO ETF Price Performance

FPXI stock opened at $47.10 on Tuesday. First Trust International IPO ETF has a fifty-two week low of $41.95 and a fifty-two week high of $53.16. The stock has a market capitalization of $131.88 million, a price-to-earnings ratio of 27.14 and a beta of 0.81. The business’s fifty day moving average price is $50.03 and its two-hundred day moving average price is $49.17.

About First Trust International IPO ETF

The First Trust International Equity Opportunities ETF (FPXI) is an exchange-traded fund that is based on the IPOX International index, a market-cap-weighted index of the 50 largest developed markets ex-US IPOs over the first 1,000 trading days for each stock. FPXI was launched on Nov 5, 2014 and is managed by First Trust.